Crypto Creator calls out Netflix’s ‘Beef’ series for negative market depiction

Billy Markus, the creator of the popular meme cryptocurrency DOGE, recently shared a screenshot from the new Netflix series “Beef” on his Twitter account. The series features a character named Paul Cho, who makes money by gaming and investing in crypto. Markus referred to him as a “proper degen,” a term used to describe someone who takes high-risk operations in the industry.

However, a Reddit user expressed concern that the series exaggerated the volatility of crypto and may give it a bad name in the eyes of the audience. The Redditor pointed out that the series depicted Bitcoin falling 90% within hours from the $20,000 level, which is unrealistic. They suggested that if the series truly wanted to show crypto gambling, they should have depicted the character losing money on a “s*tcoin” rather than Bitcoin, which is more stable and established.

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Some Redditors agreed with the sentiment that the series may have been fudding crypto, while others argued that exaggerating events is typical in movies and TV shows. Ultimately, the concern raised by the Reddit user highlights the need for accurate and responsible depictions of crypto in popular media.

The “Beef” series is a dark comedy mini-series filmed by Korean director Lee Sung Jin, featuring American actors of Korean origin. The series follows the lives of a group of Korean Americans as they navigate their way through the meatpacking industry in America. The series delves into various themes, including greed, ambition, and the dark side of capitalism.

The growing interest in Cryptocurrency

The inclusion of a character involved in crypto trading and investing in the series is reflective of the growing interest in Bitcoin and blockchain technology. However, market volatility has been a cause for concern among some investors, as prices can fluctuate dramatically in a short amount of time.

The Reddit user’s concern about the negative depiction of Bitcoin in the series is not unfounded, as media portrayals can influence public opinion about a subject. However, it is important to note that the purpose of the series is to entertain and tell a story, rather than to educate viewers on the nuances of trading and investing. Nonetheless, it is crucial for media outlets to be accurate and responsible in their portrayal of complex topics like cryptocurrencies.

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